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New York Sea Grant Institute names Bunting-Howarth interim director
ITHACA, N.Y. — The New York Sea Grant (NYSG) board of governors and Stony Brook University Provost Michael Bernstein have approved the appointment of Katherine

Rome Memorial Hospital hosts health-care academy for area students
ROME, N.Y. — More than 20 students from eight schools participated in Rome Memorial Hospital’s (RMH) recent three-day, health-care academy (HCA), learning about various careers

MVCC president signs entrepreneurship pledge during SUNY Chancellor visit
UTICA, N.Y. — Mohawk Valley Community College (MVCC) President Randall VanWagoner has signed a pledge to increase MVCC’s focus on entrepreneurship. He signed the National

Junior League announces 12 new members
SYRACUSE — The Junior League of Syracuse, Inc., a nonprofit organization, announced that this spring it welcomed a new membership class of 12 people. The new members, from across Central New York, come from a variety of backgrounds and will be joining committees across the Junior League for the upcoming year. This year’s new members
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SYRACUSE — The Junior League of Syracuse, Inc., a nonprofit organization, announced that this spring it welcomed a new membership class of 12 people.
The new members, from across Central New York, come from a variety of backgrounds and will be joining committees across the Junior League for the upcoming year.
This year’s new members are: Jalyn Burnett of Liverpool, Karen Fejta of Jamesville, Karen Gell of Baldwinsville, Nicole Hurley of Syracuse, Lauren Kerr of West Monroe, Maeve Lanning of East Syracuse, Sydney Miller of Syracuse, Francesca Neiley of Liverpool, Malissa Nicolini of Syracuse, Sarah Potter of Cicero, Season Seferyn of Syracuse, and Dessa Tampio of Jamesville.
The new members spent their provisional year engaging in activities that fit into the framework of “Our History, Our League, Our Language, Our Community, Our Structure, and Our Requirements,” the organization said in a news release. Under the heading of Our Community, they participated in volunteerism by visiting residents at Elderwood, making cards for the military, and preparing boxes for the mobile food pantry at the Food Bank of Central New York. The members also took part in regular Junior League volunteer activities including serving turkey and sides at the Blodgett Thanksgiving Dinner and playing bingo with the residents at Junior League partner, Chadwick House. They also worked at the two Junior League fundraising events: Holiday Shoppes and Corks and Forks, Brews and Chews.
The Junior League of Syracuse was founded in 1920 and is part of an international organization that promotes local volunteerism and strives to develop the skills and talents of its members. The Junior League says it will be holding an informational event on Aug. 25 at the CNY Philanthropy Center at 10 a.m. for women who are interested in joining.
Shineman Foundation awards $390K to area nonprofits
OSWEGO — The Richard S. Shineman Foundation announced that it provided 12 Central New York not-for-profit organizations serving Oswego County with awards in its second grant round of 2018 at its July board meeting. The awarded projects cover a wide range of focus areas, including health and welfare for children and adults, education, arts and
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OSWEGO — The Richard S. Shineman Foundation announced that it provided 12 Central New York not-for-profit organizations serving Oswego County with awards in its second grant round of 2018 at its July board meeting.
The awarded projects cover a wide range of focus areas, including health and welfare for children and adults, education, arts and culture, community parks, and capital campaigns.
The funded projects will benefit Oswego County in a number of areas. The largest award, $110,000, was given to CNY Arts Center for its capital campaign to renovate and transform a building in downtown Fulton as a new community multi-arts center, the foundation said in a news release.
Several health and welfare grants were awarded, including the Food Bank of Central New York receiving bridge funding through September to support a Supplemental Nutrition Assistance Program (SNAP) coordinator in Oswego County. Two new programs — Hannibal Backpack Program and Erin’s Angels in Phoenix — were provided funding to feed children over the weekends for the upcoming school year.
In education, the Shineman Foundation awarded the Oswego YMCA with a grant to expand its early learning programs for children age 2 to 5 and to begin offering “extended care” options for kids whose parents work non-traditional hours. Fitzhugh Park School received a third-year grant to continue the expansion of its “successful” Leader In Me program, the foundation said. The Reading League was allocated funding to train educators to be “reading coaches” in all Oswego County elementary schools. Funding was also given to Grace and Glory Ministries to support the implementation of two new programs: Trading Post and Little Scholars Preschool, the release stated.
Another arts and culture grant was awarded by the Shineman Foundation to the Research Foundation for SUNY for continued support of the SUNY Oswego art department’s “At the Art Studio” program to offer workshop experiences in the arts for children in grades K-12.
Other Shineman Foundation grants awarded at the meeting included a grant to the Town of Richland for its Haldane Center Improvement Project to “maximize” use of the facility’s ice rink, sports fields, and walking trails, per the release. The foundation also made a grant to Purpose Farm to build a pole barn to alleviate “cramped conditions in the main barn used for programming for children that have emotional trauma from neglect, abuse, or other causes.”
ConMed reports better-than-expected Q2 profit
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker recently reported net earnings of $8.7 million in the second quarter, up 42 percent from $6.1 million in the year-ago period, led by strong revenue growth and margin expansion. The firm’s earnings per share rose 36 percent to 30 cents from 22 cents a year
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UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker recently reported net earnings of $8.7 million in the second quarter, up 42 percent from $6.1 million in the year-ago period, led by strong revenue growth and margin expansion. The firm’s earnings per share rose 36 percent to 30 cents from 22 cents a year before.
Excluding the costs of special items, such as acquisitions, restructurings, legal matters, asset-sales gains, and tax adjustments, ConMed reported adjusted net earnings of $13.3 million in the second quarter, up more than 16 percent from $11.4 million in the year-earlier quarter. The company’s net earnings per share rose 12 percent to 46 cents in this year’s second quarter from 41 cents in the second quarter of 2017. That beat the consensus analysts’ estimate of 45 cents, according to Zacks Equity Research.
ConMed reported sales of $212.8 million in the second quarter, up 7.9 percent from a year prior (up 7.4 percent on a constant-currency basis). That surpassed the Zacks consensus estimate of nearly $207 million.
The medical-device maker’s gross margin increased by 1.5 percent and adjusted gross margin jumped by 1.9 percent in the last year.
“We are very pleased with our second quarter, as we achieved strong constant-currency revenue growth, significant gross margin expansion, and solid double-digit growth in profitability,” Curt R. Hartman, ConMed’s president and CEO, said in the firm’s earnings report, issued on Aug. 1. “Looking to the second half of the year, we are confident in our ability to build on this momentum and are increasing our revenue guidance. We remain focused on investing in our business, bringing innovative new products to market, and positioning ConMed for long-term revenue and earnings growth.”
The company said it now expects full-year 2018 constant-currency sales growth in the range of 6 percent to 7 percent, compared to its previous range of 4.5 percent to 5.5 percent.
ConMed continues to forecast full-year 2018 adjusted net earnings per share in the range of $2.15 to $2.20. This represents growth of about 14 percent to 16 percent from 2017.
ConMed finished the second quarter “on a solid note, with earnings and revenues beating the consensus mark. Strong performances across Orthopedic and General surgery units and the company’s product portfolio are encouraging. Significant expansion in the gross and operating margins buoys optimism. The company has invested significantly in R&D, which reflects focus on innovation. A raised full-year guidance also paints a bright picture,” Zacks Equity Research said in a research note. “On the flip side, [the company] operates in a highly competitive environment, especially with respect to the General Surgery business. The company’s high long-term debt is a concern.”
ConMed is a medical technology company that provides surgical devices and equipment for minimally invasive procedures. Its products are used by surgeons and physicians in a variety of specialties, including orthopedics, general surgery, gynecology, neurosurgery, thoracic surgery and gastroenterology. ConMed has a direct selling presence in 19 countries, and international sales make up more than half of its total sales. The company employs about 3,100 people total.
ConMed’s stock price gained 45 percent in the first seven months of this year.

Carrols reports Q2 profit increase, raises outlook
SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) on Aug. 7 reported net income of $7.8 million, or 17 cents per share, in the second quarter that ended July 1. That’s up 30 percent from $6 million, or 13 cents, in the same quarter in 2017, the firm said in its earnings report. Syracuse–based Carrols,
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SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) on Aug. 7 reported net income of $7.8 million, or 17 cents per share, in the second quarter that ended July 1. That’s up 30 percent from $6 million, or 13 cents, in the same quarter in 2017, the firm said in its earnings report.
Syracuse–based Carrols, the world’s largest Burger King franchisee, is also raising its full-year outlook for 2018.
The company reported adjusted net income of $10 million, or 22 cents a share, an increase of 51 percent from $6.6 million, or 14 cents, in the prior-year quarter. Adjusted net income excludes one-time items such as impairment and other lease charges as well as acquisition costs, Carrols said.
Carrols said its restaurant sales totaled $303 million in the latest quarter, up more than 8 percent from $279.5 million in the second quarter of 2017. Comparable restaurant sales increased 5 percent compared to a 4.6 percent increase in the prior-year quarter.
Carrols also reported adjusted EBITDA of $32.8 million, an increased more than 19 percent from $27.5 million in the second quarter a year ago. EBITDA is short for earnings before interest, taxes, depreciation, and amortization.
CEO reaction
Carrols delivered a “solid” quarter reflecting 8.4 percent top line growth, a 5 percent increase in comparable restaurant sales, and it generated “significant” increases in restaurant-level EBITDA and adjusted EBITDA, which rose 16.7 percent and 19.4 percent, respectively,” Daniel Accordino, CEO of Carrols Restaurant Group, said in the earnings report.
“Sales were strong across all day parts and reflected continued success of the 2 for $6 mix and match promotion, and the popularity of the King sandwich line including the new Sourdough sandwiches. These offerings provided an effective balance to our value promotions and other limited time offers as part of the brand’s successful barbell menu strategy,” he said.
Carrols’ acquisition “pipeline is active” with the firm currently working on several transactions, he added.
“We recently exercised our right of first refusal for the purchase of 31 Burger King restaurants in Virginia and two restaurants in Michigan. We expect that these transactions, along with a couple of other small acquisitions, will close before the end of the third quarter of 2018,” said Accordino.
Carrols owned and operated 807 Burger King restaurants at the end of the second quarter of 2018, the firm said.
Carrols is also raising its overall outlook for 2018, “given our performance year-to-date and expectations for the remainder of the year, we are raising our overall outlook for 2018,” Accordino said.
“While we remain cautiously optimistic regarding comparable restaurant sales trends as we lap our very strong performance in the second half of last year, we expect adjusted EBITDA to now grow to $100 million to $105 million compared to $91.4 million in 2017,” he added.
Raising outlook
Carrols is revising its guidance for 2018 which includes the anticipated acquisition of 37 Burger King restaurants that it expects to complete in the third quarter.
At the same time, Carrols expects to close between 15 and 20 existing restaurants. Five of those restaurants “have already closed,” the company said. It had previously announced plans to close between 20 and 25 restaurants.
The firm is also expecting total restaurant sales of between $1.16 billion and $1.18 billion, which is up from its previous guidance of between $1.15 billion and $1.17 billion.
The updated guidance includes a comparable restaurant sales increase of between 3 percent and 4 percent, which has been narrowed from the previously anticipated increase of between 3 percent and 5 percent.

Ichor Therapeutics buys nearby building for LaFayette expansion
LAFAYETTE — Ichor Therapeutics has purchased the former LaFayette Family Health Center at 2561 Route 11 to expand its operations with plans for additional hiring. Ichor (pronounced EYE-core) Therapeutics is a biotechnology company that develops therapeutic interventions for age-associated disease. The firm, located at 2521 Route 11 in LaFayette, on Aug. 2 announced it was
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LAFAYETTE — Ichor Therapeutics has purchased the former LaFayette Family Health Center at 2561 Route 11 to expand its operations with plans for additional hiring.
Ichor (pronounced EYE-core) Therapeutics is a biotechnology company that develops therapeutic interventions for age-associated disease.
The firm, located at 2521 Route 11 in LaFayette, on Aug. 2 announced it was getting the building for additional research and development (R&D) work. Ichor is purchasing the 5,400-square-foot building just north of its 8,400-square-foot office on Route 11, Kelsey Moody, CEO at Ichor Therapeutics, said at the announcement event outside the Ichor office that day.
The Syracuse Community Health Center (SCHC) closed the LaFayette Family Health Center on Aug. 1, 2017, according to an SCHC news release.
Ichor Therapeutics bought the building from LaFayette Commons III, LLC and expects “to have everything finalized within a few weeks,” Moody said in an email reply to an Aug. 7 CNYBJ inquiry.
Petersen Cor Associates, LLC of Van Buren will handle the construction work on the project. The renovations will support Ichor Therapeutics’ R&D efforts, including clean rooms, laboratory space, and some office space, Moody added.
“We’ve closed on a $2 million infrastructure investment that will allow us to grow our company to 13,000 square feet and put on an additional 14 full-time employees… Our goal with this is to be able to partner with higher [education] institutions and other early-stage companies to help them move promising technology from a discovery stage and into an actual product pipeline and get that to the clinic,” Moody said in his Aug. 2 event remarks.
Ichor has secured the funding for the expansion from its “founding investor who’s a self-made millionaire and entrepreneur in the United Kingdom,” Moody said.
Besides the planned expansion, the firm also heralded the formation of Grapeseed Bio, which it describes as a life-science “strategic fund and accelerator program.”
Ichor is also partnering with SUNY College of Environmental Science and Forestry (SUNY-ESF) in Syracuse to train graduate students in researching drugs that could combat age-related illnesses.
Ichor Therapeutics is “arguably the most successful” life science start-up in Central New York, having raised millions to support various translational research programs since its founding in 2013. “It continues to double in size annually,” according to a news release about Grapeseed Bio.
Grapeseed Bio
Ichor has created an investment fund called Grapeseed Bio, a seed fund that will support companies that have “very early, probably non-fundable, early-stage ideas,” said Moody. Besides his role as Ichor Therapeutics CEO, Moody is also a managing partner of Grapeseed Bio.
Ichor Therapeutics has earmarked $1 million in funding for the program, the firm said in its news release about the fund.
Through this program, life-science entrepreneurs receive up to $100,000 in seed funding, technical training, full access to Ichor’s research laboratory, and mentorship in exchange for equity.
“To kick start this program, we’ve actually done a $75,000 placement in a virtual biotech company out of Texas called Repair Biotechnologies, which is doing some excellent work in the treatment of atherosclorosis and also reversing age-associated loss of immune function,” said Moody.
Atherosclerosis is the build-up of fats, cholesterol, and other substances in and on the artery walls.
The Texas firm plans to move to LaFayette and work with Ichor and occupy its laboratory “to move their programs forward.” The firm plans to bring two or three full-time employees for its work with Ichor, according to Moody.
Ichor, SUNY-ESF partnership
The educational component of the partnership will occur at SUNY-ESF, where students will focus on biochemistry, chemistry, or bioprocess engineering, according to an ESF release. Their laboratory research will primarily happen at the Ichor facilities.
The scientific study of human aging has “exploded” in recent years, driven by a “growing understanding” of age-related disease and associated molecular pathways. The use of drugs for targeted purposes, such as selectively destroying toxic senescent (aging) cells, has been identified as a “method” for increasing mammalian lifespan. It’s resulted in a “demand for qualified,” post-graduate-level scientists to support “emerging pharmaceutical companies, such as Ichor Therapeutics,” ESF said.
“This initiative will allow graduate students to leverage their work experience at Ichor Therapeutics with the scientific expertise of the world-class faculty at ESF. This represents an ideal industrial-academic collaboration,” Chris Nomura, VP of research at ESF, said in the school’s news release.

WISE Women’s Business Center settles into new location in Axa Tower I
SYRACUSE — The WISE Women’s Business Center has relocated to the lobby of Axa Tower I after operating at the nearby Tech Garden since 2012. Axa Tower I is located at 100 Madison St. in Syracuse. An open house is planned for October, the WISE Center said in a release. The WISE Center occupies half
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SYRACUSE — The WISE Women’s Business Center has relocated to the lobby of Axa Tower I after operating at the nearby Tech Garden since 2012.
Axa Tower I is located at 100 Madison St. in Syracuse. An open house is planned for October, the WISE Center said in a release.
The WISE Center occupies half of a 3,000-square-foot space in Axa Tower I. It previously operated in a 1,000-square-foot space in the Tech Garden.
The WISE Women’s Business Center is a program of the Falcone Center for Entrepreneurship, housed in Syracuse University’s Martin J. Whitman School of Management. WISE stands for Women Igniting the Spirit of Entrepreneurship.
The new space allows the WISE Women’s Business Center to remain downtown to offer its programming and to remain close to the Centro transit hub at 599 S. Salina St. and accessible for women who rely on public transportation.
“This couldn’t be better,” says Joanne Lenweaver, director of the WISE Women’s Business Center, who spoke to CNYBJ on Aug. 7.
Accessibility to those in underserved areas is a stipulation of its federal-grant funding, Lenweaver notes.
The Tech Garden, which is a program of CenterState CEO, didn’t renew the WISE Center’s lease, which ended last September, according to Lenweaver. The WISE Women’s Business Center remained on a month-to-month lease as it searched for a new space for operations.
Elle Hanna, director of communications and media relations at CenterState CEO, said in a statement to CNYBJ, “About a year before WISE’s lease was set to expire, we approached Joanne Lenweaver and the WISE advisory board to discuss our preliminary plans for some long overdue capital improvements including a new entrance and more common space to accommodate the Tech Garden’s growing population of startups. We knew these improvements would impact the space WISE occupied, and given that they are an important partner in the work we do, we wanted to engage them and come to a solution that best fit the needs of everyone prior to any lease renewal. Among the solutions explored was alternative space for WISE within the Tech Garden, and a month to month arrangement once the lease expired to give them more time to find a space that best fit their needs. Ultimately, their board found such a space next door in AXA Towers, which is already leased by Syracuse University, one of WISE’s main funders. We remain grateful to have strong partners like WISE as they do important work supporting our innovation ecosystem and the region’s entrepreneurs,” said Hanna.
Lenweaver says she looked at 20 properties over the course of a year in her search for a new space.
The organization moved to its new space on July 24 and began operations there July 30.
Lenweaver is one of two full-time employees at the WISE Women’s Business Center. The organization also has three independent contractors.
The WISE Women’s Business Center offers free, confidential business counseling and organizes networking events, including the annual WISE Symposium with “high-profile” speakers and weekly roundtable discussions where women business owners “share advice and support,” according to an Aug. 3 statement from the U.S. Small Business Administration (SBA) congratulating the organization on its move to a new space.
The WISE Women’s Business Center is one of more than 100 women’s business centers funded by the SBA, the agency said.
Available space
Lenweaver learned of the available space in early July.
M.I.N.D. lab, a program of Syracuse University’s S.I. Newhouse School of Public Communications, has operated in the space for the past five years. M.I.N.D. is short for Media Interface and Networking Design.
Some changes in grants and staffing prompted the Newhouse School to consider its use of space in the Axa Tower, according to Lenweaver.
“Maybe [M.I.N.D. lab] didn’t need 3,000 square feet [for operations in the Axa Tower I],” she adds.
At the time, the WISE Women’s Business Center had been considering another space in the same building “down the hall,” but was asked if it would consider sharing the space with the M.I.N.D. lab, and Lenweaver said it would.
The WISE Women’s Business Center is using the space through a co-agreement between the Whitman and Newhouse schools, says Lenweaver.
About WISE
WISE was established more than 10 years ago, evolving from the Falcone Center’s WISE Symposium, launched 16 years ago as a single-day event. The goal was to educate women on their options for growing and/or starting a small business. The annual event, which has featured such speakers as Barbara Corcoran from ABC’s Shark Tank, grew to nearly 1,000 attendees.
“After four years, participants wanted more,” according to the news release. Some of those attending the event started asking for additional help.
“Now what do I do? Where would I go to ask questions?” Lenweaver recalled.
In 2006, the Whitman School secured a grant from the U.S. Small Business Administration to establish the WISE Women’s Business Center. To date, it has provided more than 10,000 hours of entrepreneurship counseling and training for women, “particularly those who are underserved.”
“Our congratulations to center director Joanne Lenweaver for her vision and courage to take the WISE Women’s Business Center to the next level. SBA has supported the WISE Women’s Business Center with over $1.5 million in grant funds since it was established in 2006. We look forward to seeing WISE continue to serve women entrepreneurs from the heart of downtown Syracuse,” Bernard J. Paprocki, SBA Syracuse district director, said in a statement that the SBA issued Aug. 3.
The WISE Center had operated in the Tech Garden since 2012, after having operated its first six years at the South Side Innovation Center.

8 Onondaga County libraries receive construction grants
SYRACUSE — State Senator David J. Valesky (D-Oneida) announced that eight libraries in Onondaga County have been awarded public library construction grant funds. The capital funds, provided for in the 2017 New York State Budget, will enable the libraries to start or complete various projects that will improve patron services. “Libraries across my district continuously
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SYRACUSE — State Senator David J. Valesky (D-Oneida) announced that eight libraries in Onondaga County have been awarded public library construction grant funds. The capital funds, provided for in the 2017 New York State Budget, will enable the libraries to start or complete various projects that will improve patron services.
“Libraries across my district continuously report increased patronage,” Sen. Valesky said in a news release. “I am pleased to be able to support this grant funding to help libraries with building upgrades and improved services to meet community needs.”
The following eight libraries in Onondaga County are receiving grants.
• Liverpool Public Library — $7,158 for upgrades to the pavilion area of the library to improve ADA access and security.
• Northern Onondaga Public Library at Brewerton — $57,569 to replace the original roof and five skylights.
• Northern Onondaga Public Library at Cicero — $46,370 to replace the roof and restore the water-damaged wall and book drop.
• Northern Onondaga Public Library at North Syracuse — $103,488 to upgrade to LED lighting and to renovate the patron service and workroom areas.
• Onondaga County Public Library, Beauchamp Branch — $16,500 to replace the HVAC system.
• Onondaga County Public Library, Central Library — $115,211 to renovate the basement level of the library.
• Onondaga County Public Library, Mundy Branch — $45,917 to replace the HVAC system.
• Tully Free Library — $5,754 to replace the library’s existing fluorescent lighting with LED lighting.
New York’s public libraries are in “urgent need” of renovation and upgrading, Valesky contended. A recent survey showed a “documented need” for public library construction and renovation projects totaling more than $1.7 billion. More than 51 percent of the over 1,000 public library buildings in communities across New York are more than 60 years old. Another 33 percent are over three decades old, the release stated. Many of New York’s local public libraries cannot accommodate users with disabilities, are energy inefficient, and lack Internet, computer, and other electronic technologies for users because of outdated and inadequate electrical wiring. Many libraries lack sufficient space to house their expanding collection, address the need for adequate meeting room, or provide for public -access computers, Valesky added.
Project activities and expenditures eligible for grants from the State Aid for Library Construction Program include financing construction of new library buildings, construction of additions to existing buildings, and the renovation and/or rehabilitation of existing space. Projects may include roof replacement, purchase and installation of alternative-energy resources, new HVAC systems, windows, doors, lighting systems, electrical upgrades, and construction of new or replacement of old walkways and parking lots, per the release. New furniture, shelving and equipment, including computer equipment, may be purchased for new or newly reconfigured or renovated space. Renovations designed to provide accessibility for patrons with disabilities are a “high priority.”
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